Last update: Jun 28, 2022

Best XLM Wallet for 2022

Though it took time to gain momentum, Stellar Lumens has got it a spot among the popular cryptocurrency tokens in the blockchain ecosystem right now. That is unsurprisingly so, considering how the Stellar platform looks forward to making financial interactions easier between people, merchants, and semi-centralized entities. In light of all this, we will have to applaud you if you have decided to invest in Stellar Lumens using the best XLM wallet.

The Best XLM Wallets

  • Ledger Nano

    Ledger Nano S

    1. Type Hardware
    2. Purchase Cost $59
    3. Incorporated Exchange Yes
    4. Cryptocurrencies Supported 100+
    5. Security Highest, Hardware-based
  • lobstr


    1. Type Software
    2. Purchase Cost Free
    3. Incorporated Exchange Yes
    4. Cryptocurrencies Supported 125+
    5. Security High
  • Foxlet

    1. Type Software
    2. Purchase Cost Free
    3. Incorporated Exchange Yes
    4. Supported Cryptocurrencies 1
    5. Security Fair
  • Guarda Wallet

    1. Type Software
    2. Purchase Cost Free
    3. Incorporated Exchange Yes
    4. Cryptocurrencies supported ~200+
    5. Security High
  • Atomic Wallet

    1. Type Software
    2. Purchase Cost Free
    3. Incorporated Exchange Yes
    4. Cryptocurrencies supported 300+
    5. Security Highest

Thanks to its popularity, you won’t have trouble finding a place to buy XLM from either. By picking the right cryptocurrency exchange, you can save some fiat currencies (USD) too.

However, something you should never do is storing your XLM coins in the exchange-provided wallet. Prone to hacking attacks and technical issues, these digital wallets aren’t reliable at all. It’s why you should check out best Stellar Lumens wallets.

Available in categories like Hardware, Mobile, and Desktop, many wallets allow you to store Stellar Lumens with ease.

We thought you might get confused with the sheer abundance of options to pick from. Therefore, we have decided to list some of the best Stellar Lumens XLM wallets you can use today. Don’t worry; we have narrowed down to these choices after considering various aspects like security.

We will start with the ones for those who need a more tangible way to handle XLM.

Best hardware wallet for XLM

Wallet for XLM

You should choose the following wallet if you would like to store your Stellar Lumens tokens with maximum security and accessibility.

Hardware wallets are relatively more secure than digital multi-currency wallets since they involve multiple levels of verifications.

Ledger Nano S

Ledger Nano S

If you don’t want to mess around with software wallets, you should check out the Ledger Nano S. This affordable hardware wallet is a great way to keep your coins safe and secure. With support for nearly every coin on the market, it’s tough to go wrong with the Nano S.

To get your hands on this high-quality, affordable hardware wallet, visit the Ledger website

Visit Ledger Nano S
  • Type: Hardware
  • Purchase Cost: $59
  • Incorporated Exchange: Yes
  • Cryptocurrencies Supported: 100+
  • Security: Highest, Hardware-based

Ledger Nano is undoubtedly one of the best choices when you need a wallet for XLM. Depending on the features you want, you can choose between Ledger Nano S and Ledger Nano X.

The Ledger Nano S boasts a simple design and focuses on getting things done, whereas the Nano X comes with a better screen and Bluetooth connectivity. Both devices offer the same amount of security features, though.

You can use the Ledger Live app to manage XLM and the other cryptocurrency tokens you’ve stored on the wallets. Based on the variant of the wallet, you can install up to 100 dedicated apps as well.

This is an impressive number for those who are concerned about advanced blockchain investments. There are also options to earn staking rewards through compatible tokens.

As far as managing XLM tokens is concerned, Ledger Nano wallets get everything right. While the Bluetooth connectivity and advanced app support on the Nano X are great, the base variant is just the right choice for beginners among XLM investors.

By the way, keep in mind that a Stellar account costs 1XLM, which you can pay by sending the same amount to your new account.

Sure, other wallets work with Stellar Lumens. However, not many of them offer the level of flexibility and security you can find on Ledger Nano X or Nano S.

Considering this point alone, we can recommend the Ledger wallets as the safest place to store your XLMs. On the bright side, these two wallets have affordable price-tags as well, starting at $59. Manage your private keys using Ledger Nano.


  • Enhanced, multi-level crypto security
  • Standard and advanced options
  • Included Ledger Live app
  • Dedicated app support for Stellar Lumens
  • Powered by an active community


  • The base model has no BL connectivity.
  • A limited number of apps only.

Best mobile wallet for XLM

You should count on the following digital wallet if you want to manage everything from your smartphone.

Although not as secure as hardware wallets, mobile wallets employ the best technology to enhance user experience.



For those that like to have a wallet available on both their desktop and mobile devices, Lobstr is one of the best options on the market. Manage all your favorite assets right from your desktop or check them on the go with this simple, secure, and robust wallet. Buy, sell, trade, and track the hottest cryptocurrencies with the Lobstr wallet.

Available on iOS, Android, macOS, and Windows, Lobstr is one of the most popular multicurrency wallets on the market. Get it today!

Visit Lobstr
  • Type: Software
  • Purchase Cost: Free
  • Incorporated Exchange: Yes
  • Cryptocurrencies Supported: 125+
  • Security: High

Once again, there is no scarcity for digital wallets that work with Stellar Lumens. However, we recommend choosing Lobstr because it has been made and optimized for the Stellar platform.

Therefore, if you need the perfect way to get started with XLM tokens and invest further, you should choose the Lobstr wallet instead of the others. The wallet app is available for both Android and iOS.

You can avail yourself of many benefits because you use a digital wallet optimized for the XLM tokens. For instance, tracking Stellar Lumens’ value and comparing it with other cryptocurrency tokens is a piece of cake.

It is worth noting that you can practically manage tokens other than XLM using the wallet since many companies have issued their tokens on the Stellar network.

Therefore, managing your investments in Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), Ripple (XRP), and Ethereum (ETH) would be a superb-simple deal via Lobstr.

You can use a built-in functionality like Stellar Exchange and the Portfolio system to get control over your more expansive investment protocols.

Because the wallet comes with one of the lowest ‘minimum’ wallets, you can have a hassle-free withdrawal process as well.

We loved Lobstr because the official site allows you to buy cryptocurrency tokens using your credit card. Regardless of what you buy, the funds would reach your account in a few minutes.

We have to mention that the Lobstr Merge Tool and the Vault apps for Android and iOS are excellent value additions to every cryptocurrency investor interested in XLM.


  • User-friendly and optimized for the Stellar network.
  • Advanced User Interface for token management
  • Supports hundreds of cryptocurrency tokens
  • Built-in options like Stellar Exchange and Merge Tool
  • Supports buying crypto via credit card


  • Essentially tied to the Stellar network.

Best desktop wallets for XLM

Dealing with cryptocurrency investments requires a lot of concentration and strategy development. So many people prefer doing this from the convenience of their desktop devices. If you are one of them, you should check out the following desktop wallets for Stellar Lumens.



Foxlet is a safe and open-source crypto wallet, great for people who prefer to use open-source software. You can quickly and easily buy, sell, and trade your digital assets with the Foxlet desktop wallet. Available on Windows, Linux, and macOS, Foxlet has all the features you need to successfully send and receive cryptocurrencies.

Take a minute and check out the Foxlet desktop wallet. It’s easy to use and you can create your own tokens!

Visit Foxlet
  • Type: Software
  • Purchase Cost: Free
  • Incorporated Exchange: Yes
  • Supported Cryptocurrencies: 1
  • Security: Fair

In case you didn’t notice before, the open-source community heavily supports XLM. So, it should not surprise you when one of the best wallets to manage XLM is completely free and open source.

It means you can buy and manage as many tokens as you like without worrying about hefty fees or security concerns. It always keeps everything encrypted so that nothing affects the overall security of your investments.

The Foxlet web wallet is available for Windows, Linux, and macOS operating systems. We should mention that the apps are well-designed and continuously maintained to provide the best User Experience.

Getting started with official accounts on Foxlet and sending/receiving funds to the wallet won’t take more than a minute. The wallet is great for both cryptocurrency beginners and experts at the same time.

The problem here is that you cannot use any other cryptocurrency tokens through this wallet. Developers of the app haven’t quite added support for Bitcoin or Ethereum yet.

Therefore, you will have to keep Foxlet as the exclusive management space. On the bright side, because the network supports this wallet, you don’t have to pay any extra fees.

Instead, all Stellar Lumens transactions through the Foxlet Wallet would incur only the network fees you’ve to pay the network.

Having said that, many people are worried about the security of the wallet since it does not have two-factor authentication and multi-signature. If you are looking for these specific options, you can check the ones listed below.


  • Completely open-source and free
  • Tightly integrated into the network.
  • Advanced support for token management
  • Continuous updates and easy User Interface
  • Virtually zero transaction fees


  • No two-factor authentication
  • It doesn’t support tokens other than XLM.
Guarda Wallet

There are many wallets that claim they have the ability to do it all. Guarda is one of the few that can legitimately back up their talk. With a built-in exchange, wallet, and staking mechanism, Guarda is a one-stop-shop for all your cryptocurrency needs. Plus, with apps available on iOS and Android, you can take it with you anywhere you go. Talk about having it all!

Get Guarda wallet to buy, sell, and trade your favorite digital assets no matter where you are.

Visit Guarda Wallet
  • Type: Software
  • Purchase Cost: Free
  • Incorporated Exchange: Yes
  • Cryptocurrencies supported: ~200+
  • Security: High

One of the most popular names in the crypto world, Guarda Wallet allows you to store XLM and other tokens with the same amount of ease.

You have to keep in mind that Guarda has grown so big, and its apps are now available for desktop, mobile, and even Google Chrome. Even within the desktop category, you can get dedicated apps for Windows, macOS, and Linux.

There are a few features that attract customers more to Guarda Wallet than other options. First of all, you’d be able to purchase and store your favorite cryptocurrency tokens from the same interface.

There is even a choice to connect your Ledger wallet to the service. If we narrow things down to the desktop apps, the UI itself is an incredible pointer.

Advanced compatibility might be one reason to prefer the Guarda Wallet over other products. Apart from Stellar Lumens, you can use hundreds of tokens from 45+ networks.

It even supports tokens like the Binance coins and Zcash. Many of these prominent organizations have praised the Guarda Wallet apps as their official or semi-official desktop/mobile clients.

Other noticeable advantages of the wallet include excellent customer support from the company. You can find a solution, regardless of the problem you come across.

While you don’t get features like 2FA or multi-sig (multi-signature), the wallet app’s overall security is worth praising. One real problem with the Guarda Wallet is that it charges relatively higher fees for individual transactions.

We should also mention that the Guarda Wallet is relatively new to the stage. The company is yet to see the trembling path of trading.

Therefore, you may want to use the Guarda Wallet as your backup solution instead of making all your investments through it.

Also, by purchasing your tokens via another decentralized exchange (DEX) such as Coinbase, you can skip the 3.5% transaction fees, which is very high by any standard.


  • Supports a wide variety of tokens
  • Stable User Interface and security options
  • Excellent tech support and beginner-friendly
  • Built-in options for trading and crypto exchange
  • The broad compatibility of apps


  • Relatively high transaction fees
  • No 2-factor authentication
Atomic Wallet

Atomic wallet is a software wallet that aims to make the complex world of cryptocurrency much simpler. With support for hundreds of coins, this easy to use wallet is available for desktop or mobile use. Plus, with a built-in exchange, you can get all your favorite cryptocurrencies anytime you want them.

The Atomic wallet offers support for a wide variety of platforms, so no matter what you prefer, Atomic has you covered.

Visit Atomic Wallet
  • Type: Software
  • Purchase Cost: Free
  • Incorporated Exchange: Yes
  • Cryptocurrencies supported: 300+
  • Security: Highest

The Atomic Wallet is yet another reliable name when it comes to trading and management. You can use this wallet to manage up to 300 cryptocurrency coins, including the classy Stellar Lumens.

As you may have guessed, the Atomic Wallet apps are available for mobile devices as well. Therefore, if you want to manage your investments while on the go, it won’t be a problem.

We recommend checking out the Atomic Wallet if you are interested in advanced trading. It, for instance, creates the best space for staking and high-volume trading.

The advanced insights and analytics tools will help you keep all the happenings under your radar. To attract more customers, the wallet has also offered some cashback options.

Like we saw in another wallet for Stellar Lumens, Atomic Wallet also lets you purchase cryptocurrency using a credit card. If you are new to Stellar Lumens investments and pay securely for your first stock, you can do that via VISA or MasterCard.

On the other hand, if you have had your time exploring what the crypto world has to offer, you can engage in some staking rewards as well.

In terms of security, the Atomic Wallet offers one of the best deals out there. First and foremost, it uses a 12-word phrase as the backup key, ensuring all your funds.

As long as you keep the 12-word phrase private, you don’t have to worry about a thing. However, because Atomic Wallet is also a desktop-based encryption wallet, your funds are prone to advanced attacks.

In short, we have to look at the Atomic Desktop wallet as more of a complete platform for your crypto-based investments and transactions.

Due to the same reason, you may end up paying a considerable fee if you buy tokens through the app itself. If we keep that apart, you would love the overall experience from the crypto app. Private keys are stored in Atomic Wallet.


  • All-in-one platform for investments
  • Supports more than 300 crypto tokens
  • Fantastic customer support, including live chat
  • 12-word phrase for backup and security
  • The ability to buy Stellar Lumens and others via a credit card


  • No 2-factor authentication
  • Incurs transaction fees

How to add XLM to your wallet?

Stellar Lumens

Now that you have chosen the best software/hardware wallet for Stellar Lumens, the next step is moving all your XLM funds to the wallet. Well, depending on the wallet you have chosen, you can use any of the ways we have listed below.

If your wallet supports buying the Stellar Lumens token from an exchange, you can do that. The advantage here is that you get maximum security and an easy-to-use User Interface.

However, you may also have to pay a relatively high commission to the parties involved. In fact, you pay the extra price for extra convenience.

Every cryptocurrency wallet, digital or not, will have a unique ID. If you already have some tokens in another wallet, you can transfer them to the new wallet.

This process may take a few minutes, depending on the traffic on the network. While doing so, you have to provide the individual wallet ID as well.

If you are looking for some extra discounts and savings on commissions, you can use one of the third-party cryptocurrency exchanges.

Before you finish the purchase, the exchange will ask where you’d like to store the tokens. You can provide the wallet ID that you have generated, and you are good to go.

While savings are fun, we recommend that you stick to the safest option to add tokens to your wallet, which would be the in-app purchase.


Compared to other cryptocurrency tokens, Stellar Lumens gives you the option to choose between various hardware/online wallets for storage.

The presence of exclusive and dedicated wallets is great if you want to focus more on the single token. In the end, you can consider where you stand in the crypto game and pick one that complements your strategy.

author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.